The U.S. is not the only country debating the future of biofuel compliance credits, which are known as Renewable Identification Numbers (RINs) there. Biofuel policy opponents recently proposed that a cap be placed on the price of RINs traded in the secondary market. Meanwhile, biofuel advocates have proposed ways to expand its use in order to boost the supply of RINs. Both plans have been characterized as a way to make RINs more affordable and thus reduce their impact on the economics of supplying fuel. RINs are the implicit subsidy under the Renewable Fuel Standard (RFS). In Brazil, however, a bill that just passed the legislature and is on President Temer’s desk doubles down on the RIN-style structure and places it squarely in the...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.